Dubai, UAE: Mastercard has entered a strategic alliance with Emirates NBD a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, to enhance the bank’s digital payment solutions. As part of the agreement, Emirates NBD will adopt Mastercard Gateway within the Emirates NBD Pay platform to support fast, seamless and secure transactions […]
In a significant move to enhance financial inclusion in the country, ABHI and TPL Corp Limited have officially launched ABHI Microfinance Bank, following the acquisition of FINCA Microfinance Bank. The strategic collaboration has received approvals from the State Bank of Pakistan (SBP) and the Competition Commission of Pakistan (CCP), marking a milestone in Pakistan’s evolving financial landscape. To commemorate the launch, ABHI and […]
Dubai, UAE; While venture capital funding contracted globally in 2024, three founders who turned their bootstrapped startup into a $350M exit are taking a contrarian approach. Today, UAE-based venture builder Disrupt.com announces a $100M commitment to build and back AI-first technology ventures globally. Founded by Aaqib Gadit, Uzair Gadit, and Umair Gadit – three university […]
Dubai: In a major leap forward for digital finance, Hubpay, a leading UAE cross-border payments platform, has partnered with Aquanow, a global digital asset infrastructure provider, to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs. This collaboration will allow businesses across various sectors – including real estate, manufacturing, and general […]
Cairo, Egypt: Mashreq – one of the leading financial institutions in the MENA region – has announced plans to extend the roll-out of its innovative digital corporate banking platform, Mashreq NEO CORP, to business customers in Egypt, after obtaining the required regulatory approvals. Mashreq’s NEO CORP digital platform, developed in partnership with Oracle and two other […]
Dubai, UAE: Building on their previous collaboration, Checkout.com and Mastercard will join forces to facilitate seamless money transfers for individuals and businesses in the UAE. Leveraging Mastercard Move’s money movement solutions, Checkout.com will enable its customers to send funds directly to Mastercard cards in a fast, convenient, and secure way. The collaboration will facilitate a wide range […]
Dubai, UAE – UAE-based venture capital (VC) firm VentureSouq has been selected as one of ten fund managers globally—and the only representative from the Middle East—to participate in the inaugural cohort of the We Fund Climate program by the International Finance Corporation (IFC). The program, aimed at supporting climate-focused VC funds in emerging markets, fosters […]
Lillia, an AI startup transforming chronic care for a healthier world, today introduced its platform to empower individuals living with diabetes and related chronic conditions to live fulfilling lives. Lillia’s clinically proven, AI-powered platform enables healthcare providers, insurers, corporations and public sector entities to manage chronic diseases effectively. “Diabetes and related chronic conditions are the […]
Riyadh, Saudi Arabia – After going from zero to half a billion dollars in payment volume in just over 2 years in UAE, corporate card and spend management fintech Alaan has announced its expansion into Saudi Arabia. The company is launching its corporate card in the Kingdom through an exclusive partnership with Visa and neoleap. […]